- CMIE has reported a 8.4% rise in projects under implementation in the quarter ended June 30, the fastest since the September 2012 quarter.
- Private sector projects under implementation have risen by 0.8% in the June quarter.
- Since March 2014, projects worth about 2% of GDP have been unstalled. Progressing steadily, they have now reached a critical mass and can potentially start impacting domestic activity notably.
- Investment worth Rs 1.15 lakh crore were announced during the June quarter, a 33% rise from last year.
The first quarter of fiscal 2015-16 saw around 165 projects getting scrapped, which is up from 106 projects stalled in June 2014 quarter.Source: ET